ITR 4 for Professionals

Others 1062 views 11 replies

which field is mandatory to fill in column BP of ITR 4 to file presumptive income return of professionals.ls bank balance and cash in hand is sufficient ?

Replies (11)
Yeah you can.. Fill all details which is you having
bank balance is not mandatory. cash in hand is mandatory. others you can put zero. remember you have to fill 4 blank box. sundry creditors, sundry debtors, inventories, cash in hand.
in the case of professional income you can put your gross fees or turnover and net profit under the section 44ADA.
but how we can fill inventories for professionals.It is given in trading case.An advocate take fee and file the petition.In such cases what will be sundry credit or debit.
please clarify it.
You r right. but if you do not fill those 4 box. return will not upload.

I have filed my ITR-4 for professional u/s 44ADA.  I have put 0 and uploaded.  

You can put zero in that case
Originally posted by : Gauri Shanker Lal Srivastav
but how we can fill inventories for professionals.It is given in trading case.An advocate take fee and file the petition.In such cases what will be sundry credit or debit.please clarify it.

 

It's mandatory means We can't leave without figures (Blank).

But., We can fill 0... You will fill 0.

I am a freelancer/teacher. So, for cash in hand (E22), do I need to put my bank balance or zero (because it is for business?)?? Please help. Thank you!

I am a freelancer/teacher. So, for cash in hand (E22), do I need to put my bank balance or zero (because it is for business?)?? Please help. Thank you!  

I am a freelancer/teacher. So, for cash in hand (E22), do I need to put my bank balance or zero (because it is for business?)?? Please help. Thank you!  
 

Write a reasonable figure.


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